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Introduction to Effective Purchasing | In House

Length
2 days
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Course delivery
In Company
Length
2 days
Next course start
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Course delivery
In Company
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Introduction to Effective Purchasing | In House

Introduction to Effective Purchasing

Introduction to Effective Purchasing training course

Aimed at personnel new to purchasing or with limited experience, this course enables them hit the ground running and make an immediate contribution. It equips them with the fundamental skills and knowledge to transform them from order placers into productive members of the purchasing team.

This course is also ideal for non-buying personnel who interface with the purchasing function or for those who have delegated responsibility for buying goods and services.

Outcomes

Attendees will gain an understanding of the contribution professional buying can make to an organisation. They will learn how to manage the enquiry process, negotiate prices, terms and conditions and make robust agreements with their suppliers. The importance of professional conduct in commercial relationships and the necessity of compliance with efficient procurement processes are also emphasised.

Upcoming start dates

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  • In Company
  • United Kingdom

Suitability - Who should attend?

Aimed at personnel new to purchasing or with limited experience, this course enables them hit the ground running and make an immediate contribution. It equips them with the fundamental skills and knowledge to transform them from order placers into productive members of the purchasing team.

The course is also ideal for non-buying personnel who interface with the purchasing function or for those who have delegated responsibility for buying goods and services.

Outcome / Qualification etc.

Attendees will gain a 'CPD' (Continuing Professional Development) certificate as the course is accredited by CPD.

Training Course Content

COURSE CONTENT

Key Objectives of the Buyer Potential Profit Contribution of the Purchasing Function / What the Professional Buyer Needs / Job Knowledge / Personal Skills.

The Purchasing Cycle

Best Practice Processes / The Essential Elements for Request for Quotation & Invitation to Tender Documents / Quotation Analysis / The Importance of the Purchase Order / e-Procurement / Getting On Time Delivery / Verifying the Invoice / Payment and Settlement Terms.

Selecting the Supplier

Sources of Information for Finding Suppliers / Evaluating Potential Sources / Supplier Appraisal / Partnership Sourcing / Competition.

Cost

Total Acquisition Cost / Purchase Price / Discounts / Transport Costs / Settlement Terms / Storage Costs / Administration Costs / Comparison of Prices / Tooling & Fixed Charges / Obtaining Cost Breakdowns / Fixed and Variable Costs / Labour / Materials / Overheads / Managing Price Increases.

Buying from Overseas

Customs / Incoterms / Currency / Valuation / Import Duties.

Quality

How do we get Quality? / Specification / Control / Inspection / BS EN ISO 9001:2008.

Negotiation

Key Phases / Preparation / Opening / Debating / Moving / Agreeing / Closing / Reviewing / Negotiation Techniques / Strategy / Behaviour.

Introduction to Legal Aspects

Background to the Law Affecting Purchasing / The Essential Requirements of a Valid Contract / Offer and Acceptance / Breach / Damages / Ownership / Risk / Sale of Goods Legislation.

Case Studies & Team Exercises These are used throughout the course to illustrate the practical applications of the various principles and techniques discussed.

Expenses

Contact Purchasing Management Services for further information.

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PMS - Purchasing Management Services
Doncaster Racecourse Exhibition and Conference Centre
Leger Way
DN2 6BB Doncaster

Purchasing Management Services - Training Courses in Purchasing, Store and Stock Control

Practical skills for immediate payback in your working environment  - This is what PMS - Purchasing Management Services aims to achieve with every course. As a leading provider of purchasing, stores/warehouse and stock control training for purchasing and supply chain...

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